Heelan Associates

That is a good question, one we do get asked a lot this time of year. Firstly, lets look at the financial issues with not paying tax on time (what it will cost you). We will then take a look at who to call.

There is a TL;DR (Too Long; Didn’t Read) summary below for those who don’t like numbers or are short on time.

So here we are – the first Autumn Budget for 21 years. Here at our offices in Denmead, we always pause work every budget for lunch with the Chancellor’s speech, and this one was no different (well…. the lunch was the healthiest one we’ve had with a budget so I guess that is a difference!). After the past few budgets, which have meant a squeeze for many of our owner managed business & landlord clients, we were sat waiting with everything crossed, hoping that we were not going to see another sad budget in these areas.

The good news is, we think overall it was a fairly solid budget for the majority of our clients. The phrase ‘Strong and Stable’ was the all the rage during the election; this budget certainly felt stable (you could argue about the strong bit).

Below is a short no-nonsense summary of the keys points, commentary added where needed. Enjoy!

Well…. another budget has come and gone. This didn't contain as many shocks as the previous budget for the majority of our clients, although there are several changes which need consideration, along with some points we will be keeping a close eye on as details emerge.

Below are a summary of the key points that are relevant to the majority of our clients. This summary also contains some key reminders for this year (2016/17 tax year, starting 6th April 2016).